Currency headwinds affect Kerry Group's first half-year performance

Kerry Group maintained strong overall performance in the first half of 2017 but has lowered its growth outlook as a result of the weaker dollar.

Kerry Group Chief Executive Stan McCarthy said that “against a background of significant adverse currency movements, the group achieved a strong overall business performance in the first half of 2017, outperforming market growth rates”. \ Colm Mahady/Fennell Photography

Kerry Group maintained strong overall performance in the first half of 2017 but has lowered its growth outlook as a result of the weaker dollar.

Kerry Group has cut its growth outlook for the full year by 2% to a guidance of 3% to 7% as a result of currency headwinds.